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Tandem Finance Grows 210% Y/Y, Adds Transportation Finance Team

January 22, 2021, 07:25 AM
Filed Under: Industry News

Tandem Finance is one of the industry’s fastest-growing small-ticket, independent, equipment finance and lease companies. Powered by the efforts of its team and its vendor partners, Tandem continued its rapid national expansion in 2020 despite the challenges introduced by COVID in the springtime. The company overcame a challenging year by growing a remarkable 210 percent over the prior year.

“While a great deal of resources and energy went to providing the necessary support to our customers, significant attention was also directed to our continued quest to expand and support our vendor program partners across a wide range of strategic vertical markets. I’m confident it’s that level of engagement and mutual support that has delivered results at this elevated level,” Tandem President Michael Sheehan said.

Last year, Tandem launched a Tandem Transportation Finance Team. Led by industry veteran Mike Bardwell, the new team has identified marketplace opportunities, is engaging new accounts and is already delivering a solid contribution to Tandem’s journey.

Additionally, Sheehan has increased personnel in business development, sales and vendor services. He recapped by saying, “We look forward to 2021 and the future as Tandem Finance grows and expands its targeted vertical markets and national sales organization. We are always looking to add quality sales team members, vertical market specialists and possibly small teams of producers.”

Tandem Finance Inc., based in Fort Collins, CO., provides equipment financing to SMBs in the U.S. through the equipment vendor channel. Tandem Finance is a wholly owned subsidiary of Chesswood Group Limited.

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